The last two years have been a boon for global private equity managers. In 2017, total net new assets reached $552 billion according to Preqin, and although slightly down in 2018, the asset class still attracted $426 billion.

Guernsey's new Substance Requirement Law is enhancing the island's international compliance even further, says Trust Corporation International Chairman Michael Betley in eprivateclient's 2019 Guernsey Report, A Global Island.